STERICK PROJECTS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
STERICK PROJECTS
Largest movements
- Tangible fixed assets +€18,324
up €18,324 (+56.8%), from €32,284 to €50,609
of which Furniture and vehicles: +€15,906
- Cash +€6,437
up €6,437 (+19.6%), from €32,802 to €39,239
mainly Net result for the year (+€40,452) and Depreciation (+€12,930)
- Receivables within one year +€1,574
up €1,574 (+12.7%), from €12,350 to €13,924
of which Trade receivables: +€1,563
- Deferred charges and accrued income +€1,225
up €1,225 (+276.5%), from €443 to €1,668
- Profit (loss) carried forward +€39,619
up €39,619 (+152.5%), from €25,981 to €65,600
- Debts after one year -€11,997
down €11,997 (-79.6%), from €15,068 to €3,071
- Other debts -€2,247
down €2,247 (-50.5%), from €4,452 to €2,206
- Trade debts +€1,619
up €1,619 (+669.1%), from €242 to €1,861
- Gross operating margin +€12,371
up €12,371 (+23.3%), from €53,148 to €65,519
- Depreciation +€6,427
up €6,427 (+98.8%), from €6,504 to €12,930
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,879 | €105,440 | +€27,561 | +35.4% |
| Fixed assets | 21/28 | €32,284 | €50,609 | +€18,324 | +56.8% |
| Tangible fixed assets | 22/27 | €32,284 | €50,609 | +€18,324 | +56.8% |
| Plant, machinery and equipment | 23 | - | €2,418 | +€2,418 | |
| Furniture and vehicles | 24 | €32,284 | €48,190 | +€15,906 | +49.3% |
| Current assets | 29/58 | €45,595 | €54,831 | +€9,237 | +20.3% |
| Amounts receivable within one year | 40/41 | €12,350 | €13,924 | +€1,574 | +12.7% |
| Trade receivables | 40 | €12,350 | €13,912 | +€1,563 | +12.7% |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Cash at bank and in hand | 54/58 | €32,802 | €39,239 | +€6,437 | +19.6% |
| Deferred charges and accrued income | 490/1 | €443 | €1,668 | +€1,225 | +276.5% |
| Total equity and liabilities | 10/49 | €77,879 | €105,440 | +€27,561 | +35.4% |
| Equity | 10/15 | €34,214 | €73,833 | +€39,619 | +115.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €8,133 | €8,133 | = | 0.0% |
| Distributable reserves | 133 | €8,133 | €8,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,981 | €65,600 | +€39,619 | +152.5% |
| Amounts payable | 17/49 | €43,665 | €31,607 | -€12,058 | -27.6% |
| Amounts payable after more than one year | 17 | €15,068 | €3,071 | -€11,997 | -79.6% |
| Financial debts | 170/4 | €15,068 | €3,071 | -€11,997 | -79.6% |
| Amounts payable within one year | 42/48 | €28,597 | €28,536 | -€61 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €11,551 | €11,997 | +€446 | +3.9% |
| Trade debts | 44 | €242 | €1,861 | +€1,619 | +669.1% |
| Suppliers | 440/4 | €242 | €1,861 | +€1,619 | +669.1% |
| Taxes, remuneration and social security | 45 | €12,352 | €12,472 | +€121 | +1.0% |
| Taxes | 450/3 | €10,352 | €10,472 | +€121 | +1.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €4,452 | €2,206 | -€2,247 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,504 | €12,930 | +€6,427 | +98.8% |
| Other operating charges | 640/8 | €299 | €303 | +€4 | +1.3% |
| Gross operating margin | 9900 | €53,148 | €65,519 | +€12,371 | +23.3% |
| Operating profit (loss) | 9901 | €46,346 | €52,286 | +€5,940 | +12.8% |
| Financial charges | 65/66B | €1,135 | €957 | -€178 | -15.7% |
| Recurring financial charges | 65 | €1,135 | €957 | -€178 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €45,211 | €51,329 | +€6,118 | +13.5% |
| Income taxes | 67/77 | €10,238 | €10,877 | +€639 | +6.2% |
| Profit (loss) for the period | 9904 | €34,973 | €40,452 | +€5,480 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,973 | €40,452 | +€5,480 | +15.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.